This thing was sold for U$ 150k

It was bought for US$ 150K. Perhaps it will be resold and next buyer will buy it for US$300K ... An the story will go on ...
 
It was bought for US$ 150K. Perhaps it will be resold and next buyer will buy it for US$300K ... An the story will go on ...

that is the exact scenario

people don't understand that someone bought 100k btc and hold forever

that someone has millions (someone?) you should do your research for the exact number


everything you see in that market has some value and/or a background, and simply

when you buy something for 150k now it's already worth more, and that who bought for 150k can earn x2 x5 x10 in some less or more nearly future


people are so dumb and they need an excuse for everything they don't know about

so they link to wash machine (brains)
 
1. You have $150k worth of eth
2. You mint nft and sell it
3. You buying your own nft with your $150k worth of eth
4. Now you got $150k & nft that worth $150k according to blockchain data
 
It's the same with artwork - people will buy anything, so long as they feel it has value.

I just watched a video about how hedge fund companies are trying to make video games as the next big investment asset, since it's highly unregulated and you can create artificial valuations that are difficult to combat.

For example, they took old SNES and PS games and are having "third-party" graders rate it as highly valuable (they own the graders) and then putting it back on the market and selling these physical copies of old games for like $1.5 million dollars.

What people don't know is that they're selling it, and buying it from themselves every few years - and keep doing that to artificially inflate the price - but it makes it seem like there's a huge market and continued valuation for it, when in reality it's just the buyer inflating the price.

Artwork, coins and NFT seems a lot like this. Inflated value that's hard to criticize because art and the concept of value are subjective, but gold has a fixed price based on what people will actively trade for it.
 
Brilliant Marketing!
 
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